LCID - Cup with Handle - 2021-10-25
LCID Trade Summary
Performance metrics and trade details for LCID breakout.
- About
Lucid Motors formed a textbook cup with handle pattern, along with Minervini's VCP (Volatility Contraction Pattern).
There were two potential entry points:
- Cheat area – early entry before the breakout
- Breakout of the cup handle
Exiting after the first close below the 10 EMA would have secured an impressive 97% gain.
Before Breakout Daily
After Breakout
Market Correlation Analysis for LCID
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Top Inverse Tickers
Stocks that move opposite to LCID
| Rank | Ticker | Score |
|---|---|---|
| No inverse stocks found in the current universe. | ||